Investment Overview
1331 North Classen Boulevard offers investors the ability to acquire a well-located, income-producing asset with meaningful upside in one of Oklahoma City’s strongest urban growth corridors. With an estimated 10.2% cap rate, walkable proximity to Midtown, mixed-use zoning, and long-term redevelopment potential, this opportunity suits both yield-driven investors and value-add buyers seeking future optionality.
Investment Highlights
- Cash-flowing urban investment opportunity:
- • $2,200,000 Asking Price
- • $30,000 per month gross income
- • $360,000 annual gross income
- • Approx. $225,303.03 NOI
- • Approx. 10.2% cap rate
- • Located at the entrance to Downtown Oklahoma City
- • Steps from Midtown and surrounding walkable amenities
- • Adjacent to new Starbucks
- • Zoned DTD-1 for mixed-use flexibility
- • Opportunity for investment hold, redevelopment, or office/apartment conversion
- • Strong combination of current income and future upside